Don't Look Now, but Dogecoin Is Up Another 20% Today

Meme crypto Dogecoin (CRYPTO: DOGE) has clearly been one of the biggest winners in this year's incredible rally. At the time I started writing this piece, Dogecoin was up 20% over the past day. However, as of 1:45 p.m. ET, Dogecoin has now surged 23.6% over the past 24 hours, bringing this token's one-week gains to more than 120%. That's certainly something to pay attention to, whether you're a crypto enthusiast or not.Of course, the question then becomes whether this rally makes sense at all, or if there's little to make of today's move in this dog-inspired cryptocurrency. Let's dive into the key drivers behind today's price action, and where Dogecoin could be headed from here.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool